Hostess Takes Highest Bidders for Twinkies and Other Treats

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By Brett Martin - email

NEW YORK, N.Y. - According to CBS, Hostess has chosen two companys in a joint offer for Twinkies and other treats. Hostess went out of business in November after labor unions did not come to an agreement.

CBS reports that Dean Metropolous & Co. and Apollo Global Management agreed to purchase the famous treats and five bakeries for $410 million, however, a judge has the final approval following an auction.

To read the entire article on Hostess, follow this link to CBS News.

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Hostess Takes Highest Bidders for Twinkies and Other Treats - KCOY Santa Maria, Santa Barbara, San Luis Obispo - News

Hostess Takes Highest Bidders for Twinkies and Other Treats

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